Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    451 E Vernon Los Angeles, CA 90011

    View on Map
    New
    For Sale
    $3,900,000

    Commercial Sale - Los Angeles, CA

    Property size:
    3,352 SF
    Added:
    Mar 27, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 451 E Vernon

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5113015007
    Size
    3,352 SF

    Building Details

    Year built
    1963
    Architectural style
    Other

    We can help!

    Listing Contact
    Pankaj Patel

    Listing agent Pankaj Patel License #01923499

    Listing office T.N.G. Real Estate Consultants 2830 Brea Blvd, Brea, CA

    Listing date Mar 27, 2026

    MLS# RS26066273 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Motel For Sale

    The Vernon Motel offers the opportunity to acquire a 14-unit motel property in South Los Angeles. The motel includes eight rooms with two beds and six rooms with single beds. The sale includes two contiguous parcels, identified as APN: 5113-015-007 and 5113-015-006, with frontage on Vernon Blvd. The property also includes a house of approximately 2200+ square feet. Zoned LAC2, the asset is strategically located near major industrial and employment corridors, surrounded by a highly dense population. It may appeal to hospitality investors, owner-users, and value-add operators. The property is surrounded by neighborhood retail, local services, entertainment venues, and Downtown Los Angeles, with access to major freeways 10, 110, and 101. The property size is 3,352 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tuxedo LA - Warehouse Film Location - FilmStudioLA — 4929 Hampton St, Los Angeles, CA 90058

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.26795
    Latitude
    34.00401

    Nearby Similar for Sale

    • $1,450,000
      3,040 SF

      East LA Commercial Investment Opportunity

      Fully leased 2-unit commercial building on high-traffic Whittier Blvd.
      5110 Whittier, Los Angeles, CA 90022
      View Details
    • $4,150,000
      5,356 SF

      Retail Property in Mar Vista

      Two attached commercial buildings in a high-traffic Los Angeles location.
      12513 Venice, Los Angeles, CA 90066
      View Details
    • $1,300,000
      2,717 SF

      Mixed-Use Building in Los Angeles

      LAC2 Zoned mixed-use building suitable for various commercial purposes.
      220 N Oxford Ave, Los Angeles, CA 90004
      View Details
    • $795,000
      2,753 SF

      Historic Boyle Heights Triplex Opportunity

      Value-add triplex in vibrant Los Angeles neighborhood, delivered fully vacant.
      500 N St Louis, Los Angeles, CA 90033
      View Details
    • $849,000
      1,620 SF

      Established Market in High-Traffic Area

      Operating market with permits, equipment, and additional rental income.
      10201 S Vermont, Los Angeles, CA 90044
      View Details
    • $1,250,000
      1,617 SF

      Eagle Rock Commercial/Residential Opportunity

      Commercially zoned property ideal for live/work in Eagle Rock.
      1063 Colorado, Los Angeles, CA 90041
      View Details
    • $700,000
      1,538 SF

      Boyle Heights Commercial Property For Sale

      Commercial property in prime location with high traffic and visibility.
      4118 E Cesar E Chavez, Los Angeles, CA 90063
      View Details
    • $3,000,000
      13,223 SF

      Highland Park Multifamily Investment Opportunity

      43-unit portfolio in prime Highland Park location.
      217 S Avenue 54, Los Angeles, CA 90042
      View Details
    • $2,120,000
      9,599 SF

      Highland Park Multifamily Value-Add Opportunity

      43-unit portfolio in a sought-after Los Angeles sub-market.
      5629 Monte Vista St, Los Angeles, CA 90042
      View Details
    • $2,495,000
      10,492 SF

      Highland Park Multifamily Value-Add Opportunity

      43-unit portfolio in prime Highland Park location.
      820 Chestnut Ave, Los Angeles, CA 90042
      View Details
    • $828,000
      2,846 SF

      Los Angeles Triplex Investment Opportunity

      Triplex in Los Angeles with investment and occupancy potential.
      3559 E 4th, Los Angeles, CA 90063
      View Details
    • $6,500,000
      20,000 SF

      Downtown LA Industrial Warehouse Building

      Two-story, 20,000 SF industrial warehouse in the Fashion District.
      749 E 15th, Los Angeles, CA 90021
      View Details

    FAQs

    What type of property is this?
    Motel - 14-unit motel in South Los Angeles near Downtown.
    Where is this motel located?
    The property is located at 451 E Vernon Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 14‑unit motel property with a mix of double and single bed rooms.; Includes two contiguous parcels (APN: 5113‑015‑007 and 5113‑015‑006).; Includes an approximately **2200+ sq ft house**.
    (323) 317-6338
    We can help!
    Listing Contact
    Pankaj Patel
    Real Estate License ID: 01923499
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!